Extraordinary Benefit. The value of the Performance Stock Units and any other awards granted under the Plan is an extraordinary item of compensation outside the scope of the Participant’s employment (and the Participant’s employment contract, if any). Any grant under the Plan, including the grant of the Performance Stock Units, is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension, or retirement benefits or similar payments.
Appears in 4 contracts
Samples: Performance Stock Unit Agreement, Performance Stock Unit Agreement (General Cable Corp /De/), Performance Stock Unit Agreement (General Cable Corp /De/)
Extraordinary Benefit. The value of the Performance Stock Units and any other awards granted under the Plan is an extraordinary item of compensation outside the scope of the Participant’s employment (and the Participant’s employment contract, if any). Any grant under the Plan, including the grant of the Performance Stock Units, is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension, or retirement benefits or similar payments.
Appears in 3 contracts
Samples: Stock Unit Agreement for Executives (General Cable Corp /De/), Stock Unit Agreement for Executives (General Cable Corp /De/), Restricted Stock Unit Agreement (General Cable Corp /De/)